Kiwibank Air New Zealand Airpoints Low Fee Visa Credit Card

Name: Kiwibank Air New Zealand Airpoints Low Fee Visa Credit Card
Brand: Kiwibank
Rating: 4.6 (1 reviews)

Balance transfer from a non-Kiwibank credit card gets a 1.99% p.a. introductory rate for 6 months.
16.90% p.a. on cash advances and purchases.
Earn 1 Airpoints Dollar for every $200 of eligible spend.
Get up to 44 interest-free days on purchases.

Pros and cons

Competitive interest rates on cash advances and purchases.
balance transfer offer at 1.99% p.a. for 6 months.
$50 p.a. annual fee.
No cap on number of daily withdrawal (but there is a cap on total withdrawal per day)

Additional cardholders. You can get additional cardholders on this card for $10 p.a. (paid every 6 months as $5).
Digital wallets. This card supports Apple Pay and Google Pay.
Gambling transactions. Gambling-related transactions are not blocked. Kiwibank will treat them as cash advances, applying the cash advance rate and fee accordingly.

Complimentary travel insurance. The Kiwibank Air New Zealand Airpoints Low Fee Visa Credit Card does not come with complimentary international travel insurance.
Concierge services. This card does not come with access to a concierge service.
Insurances. This card does not come with any form of insurance, which is unsurprising given it's a value card.
Rewards points. Earn 1 Airpoints Dollar per $200 spent on eligible purchases. Balance transfers and cash advances are not eligible transactions for earning points.
Sign up bonus. Kiwibank is not running a sign up bonus on this card for new customers.

Annual fee. This card comes with an ongoing annual fee of $50 p.a. (payable in two instalments of $25 every six months).
Balance transfers. Use the introductory balance transfer offer of 1.99% p.a. for 6 months to consolidate debt from non-Kiwibank credit and store cards. After the promotional period, the standard interest rate of 16.90% p.a. will apply.
Cash advances. It's 16.90% p.a. on cash advances, with interest accruing immediately from the transaction date. Cash advances made with this card will incur a one-off fee of $0.90 per transaction if done in New Zealand, and $6 per transaction if overseas. Overall, cash advances with this card are cheaper than the market average.
Foreign exchange fee. A 1.85% foreign transaction fee will be charged for purchases made online or overseas in a foreign currency.
Interest-free period. This card offers up to 44 days interest-free on purchases except for cash advances when you pay your balance in full or make the minimum required payment by the due date.
Purchases. There is no introductory offer on purchases. Purchases made with this card will be charged interest at 16.90% p.a.